Last month’s performance came in at +1.64%, which I am happy with given that the previous 2 months had negative returns.

Portfolio focus in December

Spent the month studying how to diversify and reduce concentration risk.

New buys and additions

Increased my positions in $CMCSA (+0,37 %) and $CVX (+0,24 %) .

Opened positions in $BMA (+0,89 %) and $SYM (+0,07 %) , two higher-risk bets where I expect a strong return potential in 2026.

P.S.:

My position in Unilever was force-sold in my broker app due to the split, and I used that event as a good point to step away. Tbh, the position had been in the red since I first invested and it annoyed me to see it negative every single month, and the sector does not really attract me.

$SYM (+0,07 %)

- Revenue: $487M, +35% YoY

- Net loss: $19M, unchanged YoY

- Cash position strengthened: $903M, up $176M from prior quarter

CEO Rick Cohen: "In the first quarter, we continued to deliver high growth while enhancing our technology position. With our recent acquisition of Walmart's Advanced Systems and Robotics business now completed, we look forward to enhancing an already strong position to drive exceptional results for our stakeholders."

CFO Carol Hibbard: "First quarter revenue grew over 35% year-over-year driven by solid progress across our 44 systems in the process of deployment."

🌱Revenue & Growth

- Systems revenue: $464M vs $348M YoY

- Software maintenance: $5.5M vs $2.2M YoY

- Operation services: $17.1M vs $10.1M YoY

💰Profits & Financials

- Gross profit margin: 16.4% vs 17.8% YoY

- Adjusted EBITDA: $18M vs $8M YoY

- Operating loss: $24.6M vs $25.1M YoY

- Free cash flow: $197.7M vs -$33.1M YoY

📌Business Highlights

- 44 systems currently in deployment process

- Completed acquisition of Walmart's Advanced Systems and Robotics business

- Enhanced technology position in supply chain automation

🔮Future Outlook

- Q2 FY2025 revenue guidance: $510M-$530M

- Q2 FY2025 adjusted EBITDA guidance: $26M-$30M

- Expects at least 30% YoY revenue growth with expanding margins

Humanoids

$TSLA (+1,68 %)
Tesla

$XPEV (-4,25 %)
Xpeng

$1810 (-1,44 %)
Xiaomi

$HYUD
Hyundai

Logistics

$SERV
Serve Robotics

$AMZN (-0,3 %)
Amazon

$SYM (+0,07 %)
Symbotic

$AUTO (+0,45 %)
AutoStore

Robotics Software

$NVDA (-0,48 %)
NVIDIA

$PTC (+0,29 %)
PTC

Sensors

$OUST
Ouster

Healthcare Robotics

$ISRG (-0,57 %)
Intuitive Surgical

$SYK (-0,04 %)
Stryker

$MDT (+0,44 %)
Medtronic

$ARAY (-2,31 %)
Accuray

Industrial Robotics

$HON (+0,74 %)
Honeywell

$TER (+1,03 %)
Teradyne

$LECO (+0,43 %)
Lincoln Electric

Robotics Automation

$ROK (+0,75 %)
Rockwell Automation

$ABBN (+0,22 %)
ABB

$ZBRA (+0,59 %)
Zebra Technologies

$CGNX (+0,77 %)
Cognex

$PATH (+0,42 %)
UiPath

$PEGA (-0,34 %)
Pegasystems

Defense Robotics

$AVAV (+0,14 %)
AeroVironment

$KTOS (+0,75 %)
Kratos

$LMT (-0,75 %)
Lockheed Martin

$NOC (+0,92 %)
Northrop Grumman

$BA (+0,31 %)
Boeing

$GD (+0,65 %)
General Dynamics

Consumer & B2B Robotics

$IRBT
iRobot

$1810 (-1,44 %)
Xiaomi

$RR
RichTech Robotics

Specialized Robotics

$OII (+0,51 %)
Oceaneering

$FARO
FARO Technologies

$SYM (+0,07 %)
FILES TO DELAY 10-K DUE TO REVENUE RECOGNITION ERRORS

Symbotic has delayed its FY2024 10-K filing, citing the need to address errors in revenue recognition related to cost overruns on deployments that won’t be billable. These issues impact system revenue, gross margin, and net income across Q2-Q4 of FY2024, with previously reported results deemed unreliable.

Revised estimates for FY2024 include revenue growth of $605M-$615M (vs. $645M initially reported) and a narrowed net loss of $117M-$127M (reflecting a $30M-$40M adjustment). Symbotic expects to file the corrected 10-K within the 15-day extension period.

__

$SEDG (+0,78 %) TO CUT 500 JOBS, EXIT ENERGY STORAGE BUSINESS

SolarEdge is cutting 500 jobs, about 12% of its workforce, as it shuts down its energy storage division to focus on its core solar operations. Most layoffs will affect manufacturing roles in South Korea, with nearly all set to occur in the first half of 2025.

The pivot will result in $81M-$99M in charges from asset impairments, inventory write-offs, and severance. SolarEdge plans to partially offset these costs by selling off the energy storage unit's assets.

Symbotic Inc. Q4 FY24 #EarningsReport Summary | $SYM (+0,07 %)

In Q4 FY24, Symbotic demonstrated significant revenue growth, profitability recovery, and gross margin improvements, underscoring the effectiveness of its innovative strategies amidst a dynamic supply chain landscape.

📊 Income Statement Highlights (vs Q4 FY23):

▫️ Net Income: $28.07M (vs. $(45.42M))

▫️ Revenue: $576.77M (vs. $391.89M, +47.22%)

▫️ Adjusted EBITDA: $54.58M (vs. $13.32M, +309.83%)

▫️ Gross Profit: $108.62M (vs. $58.79M, +84.74%)

▫️ Gross Margin: 18.8% (vs. 15.0%)

📊 FY24 Annual Highlights (vs FY23):

▫️ Revenue: $1.82B (+55% YoY)

▫️ Net Loss: $(50.61M) (vs. $(92.97M))

▫️ Adjusted EBITDA: $95.75M (vs. $34.54M)

💼 Balance Sheet Highlights (vs FY23):

▫️ Cash & Equivalents: $727.31M (vs. $258.77M)

▫️ Total Assets: $1.61B (vs. $1.05B)

▫️ Total Liabilities: $1.19B (vs. $1.05B)

▫️ Total Equity: $424.19M (vs. $(2.72M))

🔮 Future Outlook:

Symbotic anticipates Q1 FY25 revenue of $495M-$515M with stable gross margins. It will continue investing in innovative solutions to address expanding opportunities while focusing on long-term growth for stakeholders.

I’m making small investments in the following this week. Some of these are risky considering the current market volatility, but hey, that’s also a good time to make more money.

$PLTR (-0,03 %)

$RDFN

$BRZE (+0 %)

$SYM (+0,07 %)

Are most folks being cautious and just observing or is anyone looking into adding new companies to their portfolio?

Symbiotic Earnings $SYM (+0,07 %)